Federal ‘Internet of Things’ Spending Up by 20 Percent

Federal agencies are spending more money on sensor-driven technology, a new report shows. The government spent $8.8 billion on the internet of things in fiscal 2015, driven mostly by defense spending. That’s a 20 percent increase from fiscal 2014. Sensor spending, in particular, saw a 56 percent increase from the previous year. Cloud storage for the data those sensors gather saw a 48 percent increase.